A goodwill rail rake consignment carrying diesel from Siliguri marketing terminal of Numaligarh Refineries Ltd (NRL) was flagged off today, an official statement said here.
"The goodwill rail rake consignment for supply of 2200 tons (2700 kilolitre) diesel of BS III (of Euro-III) Grade with 350 PPM sulphur content" will travel by rail from Siliguri to Parbatipur storage depot of Bangladesh Petroleum Corporation (BPC) in Bangladesh.
From Siliguri, the 42 wagons (each with a capacity of 64 kl) rail consignment will travel over 516 km (253 km in India and 263 km in Bangladesh) on the existing railway line via Rangapani, Singabad, Rohanpur to reach Parbatipur on March 19.
During the visit of Prime Minister Narendra Modi to Bangladesh in June last year, NRL and BPC signed a Sale-Purchase Agreement for construction of a pipeline from Siliguri to Parbatipur for supply of diesel to Bangladesh.
It was agreed to jointly work towards implementation of this 'Indo-Bangla Friendship Pipeline', a 135 km pipeline project (5 km in India and 130 km in Bangladesh) with a capacity to carry 1 million tons per annum from Siliguri terminal to Parbatipur depot of BPC.
"The export of petroleum products from India to Bangladesh is also in line with the 'Neighbourhood First Policy' of Government of India to boost bilateral trade between the two countries and sub-regional cooperation with in SAARC," the statement said.
Currently, Bangladesh meets its requirement of petroleum products through imports at Chittagong port. The products are subsequently transported to the rest of the country using river route.
Once the NRL refinery expansion from present 3 to 9 million tons per annum is complete, India will be in a position to export petroleum products on a regular and long term basis to Bangladesh.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
